A Locke Lord team led by Kevin Peter (Houston) represented Martin Midstream Partners L.P. in the sale of certain assets used in connection with the Mega Lubricants shore-based terminals business to John W. Stone Oil Distributor, LLC, for $22.4 million. Mega Lubricants is engaged in the business of blending, manufacturing and delivering various marine application lubricants, sub-sea specialty fluids, and proprietary developed commercial and industrial products. For more information, see the press release. Additional assistance was provided by Jennie Simmons, Jeff Wallace and Shannon Schroeder (all of Houston).
Posted on January 4, 2021